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Stock Market & Financial Investment News

News Breaks
November 29, 2012
17:07 EDTDUKDuke Energy reaches settlement agreement with NCUC, NC Public Staff
Duke Energy announced that it has filed a settlement agreement with the North Carolina Utilities Commission, or NCUC. This agreement was reached between Duke Energy, the staff of the NCUC and the North Carolina Public Staff. Following approval, the agreement would resolve all issues related to the matters under review by the NCUC regarding Duke Energy's change in president and CEO following the close of the merger between Duke Energy and Progress Energy on July 2. The parties agreed that the settlement agreement does not constitute and should not be construed as an admission or acknowledgement of any illegal or improper acts by Duke Energy. The current general counsel as well as the company's executive vice president, regulated utilities, will assume new leadership roles to be announced following the NCUC's approval of the settlement agreement. Duke Energy will provide proportional fuel, fuel-related, workforce and low-income assistance financial benefits to its South Carolina customers. These are in addition to and consistent with recent merger-related commitments to customers in the state and are expected to total between $8M and $9M.
News For DUK From The Last 14 Days
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December 10, 2014
14:22 EDTDUKDuke Energy accelerating ash basin closure planning across fleet
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09:09 EDTDUKDuke Energy receives FERC approval for NCEPA assets purchase
Duke Energy has received approval from the Federal Energy Regulatory Commission to proceed with plans to purchase the North Carolina Eastern Municipal Power Agency's generating assets. The ruling is an important milestone of the approximately $1.2B transaction with NCEMPA, announced July 28. NCEMPA currently maintains partial ownership interest in several Duke Energy Progress plants.
07:45 EDTDUKWells Fargo to hold a symposium
2014 Wells Fargo Energy Symposium is being held in New York on December 9-10; with webcasted company presentations to begin on December 10 at 8 am; not all company presentations may be webcasted. Webcast Link
December 9, 2014
10:23 EDTDUKOn The Fly: Analyst Downgrade Summary
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08:00 EDTDUKDuke Energy downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Duke Energy to Neutral from Outperform, citing a lack of limited upside in the near term and the belief that a review of the company's international assets is unlikely to result in asset sales or cash transfers into the U.S. The firm, however, raised its price target on the stock to $84 from $79.
December 8, 2014
12:35 EDTDUKDuke Energy receives approval from NCUC to build three solar facilities
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